Re: Expectations
in response to
by
posted on
Mar 07, 2013 11:36AM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
That was the report from that particular telecon: feb 5th.
Feb 4rth or 5th... either are dates that really have not been chiseled in stone really (some wish-washy stuff so far) and certainly not a NR. If Teck did get back to CUU at the 30 day mark we may well need a full day to craft up the NR and maybe get Teck's blessing on that. I do expect that this issue be cleared up by the company by the end of next week.
Funny that PDAC is over and no reports from folks talking to Elmer. Don Lindsay was there, I hope they had a good chat at least.